# Arab News | Heating oil market looks tight this winter  oil market looks tight this winter

> John Kemp writes that US distillate stocks, which had trended down all year, now look tight after Hurricane Harvey disrupted major refineries. Stocks began 2017 at record highs but have fallen about 14 million barrels since January.

- Date: 2017-09-23 · published 2017-09-23T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/69115-arab-news-heating-oil-market-looks-tight-this-winter-oil-market-looks-tight
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Tight distillate inventories ahead of winter raise the risk of higher heating oil and diesel prices. Price implication is firmer diesel and heating oil.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-05-22 | [Brent’s $100 Forecast May Understate the Risk of a Tighter Oil Market \| Investing.com AU](https://feedsoft.ai/events/19433-brent-s-100-forecast-may-understate-the-risk-of-a-tighter-oil-market-investing.md) | -9.5% | -20.7% |
| DIESEL | 2021-06-16 | [Tight diesel market dominates the spotlight \| Saxo](https://feedsoft.ai/events/46788-tight-diesel-market-dominates-the-spotlight-saxo.md) | +1.8% | +1.2% |
| DIESEL | 2019-07-31 | [Market Report & Analysis for 7/31/2019 Morning Edition - Fuels Market News](https://feedsoft.ai/events/11291-market-report-and-analysis-for-7-31-2019-morning-edition-fuels-market-news.md) | -6.3% | -6.8% |
| DIESEL | 2026-09-28 | [Oil Market Split Shows Why Fuel Shortages Are Outpacing Crude Supply \| Investing.com PH](https://feedsoft.ai/events/17634-oil-market-split-shows-why-fuel-shortages-are-outpacing-crude-supply-investing.md) | -4.7% | +5.3% |
| DIESEL | 2019-06-23 | [Connecting all the bones to project what will happen when IMO2020 hits the market - FreightWaves](https://feedsoft.ai/events/58769-connecting-all-the-bones-to-project-what-will-happen-when-imo2020-hits-the.md) | +1.2% | -0.8% |
| WTI | 2026-05-22 | [Brent’s $100 Forecast May Understate the Risk of a Tighter Oil Market \| Investing.com AU](https://feedsoft.ai/events/19433-brent-s-100-forecast-may-understate-the-risk-of-a-tighter-oil-market-investing.md) | -9.1% | -21.6% |
| WTI | 2017-02-01 | [Oil Rises To 3-Week High as Dollar Slips, OPEC Cuts Output \| Stock News & Stock Market Analysis - IBD](https://feedsoft.ai/events/72672-oil-rises-to-3-week-high-as-dollar-slips-opec-cuts-output-stock-news-and-stock.md) | -1.1% | +2.0% |
| WTI | 2020-01-27 | [Due to oil prices on the world market, the prices of all commodities are rising – Lider Media](https://feedsoft.ai/events/55169-due-to-oil-prices-on-the-world-market-the-prices-of-all-commodities-are-rising.md) | -4.7% | -5.1% |

## Sources

- arabnews.com: https://www.arabnews.com/business/heating-oil-market-looks-tight-this-winter-oil-market-looks-tight-this-winter-1165766

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.